American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report published on Monday. The firm issued a hold rating on the stock.

American Shared Hospital Services Trading Up 1.2 %

Shares of American Shared Hospital Services stock opened at $3.33 on Monday. The firm has a market capitalization of $21.38 million, a P/E ratio of 5.55 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46. American Shared Hospital Services has a twelve month low of $2.33 and a twelve month high of $4.60.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Shared Hospital Services stock. Renaissance Technologies LLC raised its stake in American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 55,501 shares of the company’s stock after purchasing an additional 13,201 shares during the period. Renaissance Technologies LLC owned 0.88% of American Shared Hospital Services worth $177,000 as of its most recent SEC filing. 23.16% of the stock is currently owned by hedge funds and other institutional investors.

About American Shared Hospital Services

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.